View Future GrowthExmar 과거 순이익 실적과거 기준 점검 2/6Exmar은 연평균 7%의 비율로 수입이 증가해 온 반면, Oil and Gas 산업은 수입이 10.7% 증가했습니다. 매출은 연평균 10%의 비율로 증가했습니다. Exmar의 자기자본이익률은 13.5%이고 순이익률은 30%입니다.핵심 정보7.05%순이익 성장률6.33%주당순이익(EPS) 성장률Oil and Gas 산업 성장률37.29%매출 성장률10.00%자기자본이익률13.54%순이익률29.96%다음 순이익 업데이트04 Sep 2026최근 과거 실적 업데이트Reported Earnings • Mar 28Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue.공시 • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.21 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.21 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026공시 • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updatesUpcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.4%).Reported Earnings • Mar 28Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue.New Risk • Mar 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.공시 • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026Upcoming Dividend • Nov 20Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 27%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (6.0%).Board Change • Nov 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.21 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.21 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Sep 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €14.12, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 11x in the Oil and Gas industry in Europe. Total returns to shareholders of 228% over the past three years.Board Change • Jul 23Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.공시 • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024Valuation Update With 7 Day Price Move • Jan 05Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €7.70, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 362% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.70 per share.Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).공시 • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.공시 • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024New Risk • Jun 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 103% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 103% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 150x cash flows per share). Large one-off items impacting financial results.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 01Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 9.7%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (1.0%).공시 • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023Reported Earnings • Sep 10Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 01First quarter 2022 earnings released: US$0.14 loss per share (vs US$0.038 loss in 1Q 2021)First quarter 2022 results: US$0.14 loss per share (down from US$0.038 loss in 1Q 2021). Revenue: US$24.3m (down 28% from 1Q 2021). Net loss: US$7.70m (loss widened 250% from 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 53% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: US$0.20 (vs US$1.61 in FY 2020)Full year 2021 results: EPS: US$0.20 (down from US$1.61 in FY 2020). Revenue: US$148.2m (flat on FY 2020). Net income: US$11.6m (down 87% from FY 2020). Profit margin: 7.8% (up from null in FY 2020). Over the next year, revenue is forecast to grow 4.9%, compared to a 45% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €4.97, the stock trades at a trailing P/E ratio of 2.7x. Average forward P/E is 7x in the Oil and Gas industry in Germany. Total loss to shareholders of 11% over the past three years.Reported Earnings • Nov 01Third quarter 2021 earnings released: US$0.19 loss per share (vs US$0.20 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: US$32.8m (down 43% from 3Q 2020). Net loss: US$10.8m (loss narrowed 6.4% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 34% share price gain to €5.26, the stock trades at a trailing P/E ratio of 2.9x. Average forward P/E is 8x in the Oil and Gas industry in Germany. Total returns to shareholders of 4.2% over the past three years.Reported Earnings • Sep 11Second quarter 2021 earnings released: EPS US$0.61 (vs US$0.21 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$74.9m (up 83% from 2Q 2020). Net income: US$34.9m (up US$47.2m from 2Q 2020). Profit margin: 47% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 18Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.3%). In line with average of industry peers (3.9%).Reported Earnings • Apr 26First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$33.5m (down 25% from 1Q 2020). Net loss: US$2.20m (down 113% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 22Full year 2020 earnings released: EPS US$1.61 (vs US$0.23 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$286.8m (up 108% from FY 2019). Net income: US$91.9m (up US$105.2m from FY 2019). Profit margin: 32% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.Is New 90 Day High Low • Jan 09New 90-day high: €3.23The company is up 55% from its price of €2.08 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 37% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: €2.69The company is up 33% from its price of €2.02 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 41% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.0m, with losses widening by 24% from the prior year. Total revenue was US$185.9m over the last 12 months, up 66% from the prior year.매출 및 비용 세부 내역Exmar가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BST:1EX 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 252487446030 Sep 2525515879030 Jun 2527715640031 Mar 2528218156031 Dec 2434918149030 Sep 2442111441030 Jun 2448112032031 Mar 245207541031 Dec 234877237030 Sep 234054236030 Jun 2329933251031 Mar 2319734736031 Dec 2215632036030 Sep 2210330723030 Jun 2297-1124031 Mar 22139623031 Dec 211481223030 Sep 2128312129030 Jun 2130412026031 Mar 212747329031 Dec 202859227030 Sep 20186-1129030 Jun 20169-126031 Mar 201521529031 Dec 19138-1329030 Sep 19112-90030 Jun 19109-2749031 Mar 1999-490031 Dec 1891-1633030 Sep 1899320030 Jun 1876660031 Mar 1894540031 Dec 1781280030 Sep 1788-130030 Jun 1786-270031 Mar 1792220031 Dec 1696400030 Sep 1610790030 Jun 16110230031 Mar 16106110031 Dec 15113110030 Sep 15110240030 Jun 151233800양질의 수익: 1EX는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 1EX의 현재 순 이익률 (30%)은 지난해 (51.9%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 1EX의 수익은 지난 5년 동안 연평균 7% 증가했습니다.성장 가속화: 1EX은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 1EX은 지난 1년 동안 수익이 감소(-58.9%)하여 Oil and Gas 업계 평균(-9.2%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 1EX의 자본 수익률(13.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 09:34종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Exmar NV는 6명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David VagmanBNP ParibasJunior CuigniezDegroof PetercamMartin BørterDNB Carnegie3명의 분석가 더 보기
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue.
공시 • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026
Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.21 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.21 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026
공시 • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.4%).
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue.
New Risk • Mar 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.
공시 • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026
Upcoming Dividend • Nov 20Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 27%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (6.0%).
Board Change • Nov 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.21 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.21 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Sep 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €14.12, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 11x in the Oil and Gas industry in Europe. Total returns to shareholders of 228% over the past three years.
Board Change • Jul 23Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.
공시 • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €7.70, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 362% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.70 per share.
Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).
공시 • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024
Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
공시 • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024
New Risk • Jun 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 103% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 103% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 150x cash flows per share). Large one-off items impacting financial results.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 01Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 9.7%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (1.0%).
공시 • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023
Reported Earnings • Sep 10Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 01First quarter 2022 earnings released: US$0.14 loss per share (vs US$0.038 loss in 1Q 2021)First quarter 2022 results: US$0.14 loss per share (down from US$0.038 loss in 1Q 2021). Revenue: US$24.3m (down 28% from 1Q 2021). Net loss: US$7.70m (loss widened 250% from 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 53% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: US$0.20 (vs US$1.61 in FY 2020)Full year 2021 results: EPS: US$0.20 (down from US$1.61 in FY 2020). Revenue: US$148.2m (flat on FY 2020). Net income: US$11.6m (down 87% from FY 2020). Profit margin: 7.8% (up from null in FY 2020). Over the next year, revenue is forecast to grow 4.9%, compared to a 45% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to €4.97, the stock trades at a trailing P/E ratio of 2.7x. Average forward P/E is 7x in the Oil and Gas industry in Germany. Total loss to shareholders of 11% over the past three years.
Reported Earnings • Nov 01Third quarter 2021 earnings released: US$0.19 loss per share (vs US$0.20 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: US$32.8m (down 43% from 3Q 2020). Net loss: US$10.8m (loss narrowed 6.4% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 34% share price gain to €5.26, the stock trades at a trailing P/E ratio of 2.9x. Average forward P/E is 8x in the Oil and Gas industry in Germany. Total returns to shareholders of 4.2% over the past three years.
Reported Earnings • Sep 11Second quarter 2021 earnings released: EPS US$0.61 (vs US$0.21 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$74.9m (up 83% from 2Q 2020). Net income: US$34.9m (up US$47.2m from 2Q 2020). Profit margin: 47% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 18Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.9%. Within top quartile of German dividend payers (3.3%). In line with average of industry peers (3.9%).
Reported Earnings • Apr 26First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$33.5m (down 25% from 1Q 2020). Net loss: US$2.20m (down 113% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 22Full year 2020 earnings released: EPS US$1.61 (vs US$0.23 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$286.8m (up 108% from FY 2019). Net income: US$91.9m (up US$105.2m from FY 2019). Profit margin: 32% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
Is New 90 Day High Low • Jan 09New 90-day high: €3.23The company is up 55% from its price of €2.08 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 37% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: €2.69The company is up 33% from its price of €2.02 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 41% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.0m, with losses widening by 24% from the prior year. Total revenue was US$185.9m over the last 12 months, up 66% from the prior year.